The Australian Dollar is the day's best performer after inflation figures kick the prospect of an interest rate cut at the Reserve Bank of Australia (RBA) further into the distance.
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A rebound in market sentiment has played into the hands of the Australian Dollar, which is amongst the best performers in G10 ahead of the midweek release of local inflation figures.
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The Pound to Australian Dollar exchange rate is teetering above the key 200-day moving average (DMA) as we write on Monday; it must stay above here if a positive technical setup is to remain entren…
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Improved global investor sentiment and an upgrade to February's bumper job report are supporting the Australian Dollar.
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A fall in the value of the Chinese Renmimbi has weighed on the Australian Dollar, confirming the ongoing tight correlation between the two currencies.
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While the Australian Dollar still looks vulnerable to a further deterioration in market sentiment, but buoyant global commodity prices and a strong domestic jobs report should limit the downside in…
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The Australian Dollar looks set to end the week on a soft footing, with analysts pointing to China as a factor behind the selling pressures.
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